Do emerging ecosystems and individual capitals matter in entrepreneurial re-entry’ quality and speed?

Maribel Guerrero () and Jorge Espinoza-Benavides
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Maribel Guerrero: Universidad del Desarrollo
Jorge Espinoza-Benavides: Universidad Católica de la Santísima Concepción

International Entrepreneurship and Management Journal, 2021, vol. 17, issue 3, No 6, 1158 pages

Abstract: Abstract This study analyses the influence of environmental and individual conditions on the quality and the speed of entrepreneurial re-entries in emerging economies after a business failure. We propose a conceptual framework supported by the institutional economic theory to study the influence of environmental conditions; and human and social capital to study the influence of individuals’ skills, experiences, and relationships. A retrospective multiple case study analysis was designed to test our conceptual model by capturing longitudinal information on occurred events, trajectory, and determinants of twenty re-entrepreneurs. Our results show that the entrepreneurial experience and type of venture influence the accelerating effect of re-entrepreneurship, as well as how environmental conditions moderate the quality and speed of entrepreneurial re-entries. We provoke a discussion and implications for multiple actors involved in the re-entry of entrepreneurs after a business failure.

Keywords: Human capital; Social capital; Institutional economic theory; Entrepreneurial ecosystems; Entrepreneurial re-entry; Emerging economies; Speed and quality (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (6)

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DOI: 10.1007/s11365-020-00733-3

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